CRE Loan Servicing Bookkeeper

Commercial Property Assessed Clean Energy (“C-PACE”) financing is a tool used by
property owners and developers to finance energy efficiency, renewable energy, and
resiliency measures incurred to improve commercial property.

Founded in 2017, PACE Loan Group (PLG) is a leading national direct C-PACE lender. With an industry-leading balance sheet PLG is focused on originating and servicing C-PACE loans nationwide. We are on the ground floor of something big - and we want you to be a part of it.

We are adding a Loan Servicing Bookkeeper to our team. This position can be located in any of our offices (Minneapolis, Grand Rapids MN, San Diego, Chicago, New York), or remote. We are a small company, so you will immediately have an impact on the growth of our team. You will learn from seasoned commercial real estate finance veterans, while working in a growing field.

Your day-to-day responsibilities will vary, but primarily will be focused on processing draw requests, reconciling bank and escrow balances, and ensuring our loans are billed and collected timely.

If you have a drive to learn and work hard, and enjoy a small, growing environment, this is the role for you!

Key Responsibilities and Duties:

• Collections: Reviewing applicable states' property tax bills to ensure borrowers paid PACE special assessments

• Collections: Assistance with monitoring of existing porftolio and ensuring payments remitted on time and, when applicable, assisting with early payoffs

• Bookkeeping: Accessing, reviewing, and reconciling bank accounts where construction escrows are held

• Bookkeeping: Ensuring bank account balances tie to servicing platform balances

• Bookkeeping: Ensuring internal systems and files reflect loan payments received, and any loan payments due to third parties

• Loan Servicing: Critically reviewing and processing construction loan draw requests and drafting wires and ACHs to transfer funds

• Loan Servicing: Ensuring that we are funding appropriately, according to the applicable PACE statute

• Billing: Invoicing for upcoming loan payments

• Other tasks as needed

Qualified Applicants have/are:

• At least 1 year of experience with bookkeeping/accounting/commercial real estate/draws/lien wavers

• Extremely detail-oriented with demonstrated ability to follow through on tasks

• Curious, with a problem-solving attitude (identity issues, but also suggest solutions)

• Extremely organized and responsive

• Research skills

• Moderate Excel skills

• Ability to work in a fast-paced environment while delivering accurate and quality work-product

• Research skills

• Moderate Excel skills

We're proud to be an equal opportunity employer and welcome our employees’ differences, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or Veteran status. Difference makes us better. Join us.

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